Russia is already a super power but its still not as huge as US since they don't have military bases every country in the world. But they proved to be economically prepared than the US economic sanction has put together.
I would however turn to China being the dominant super power since they have already made lots of countries on their side through their Belt and Road Initiative project and as of now, they have BRICS. This alliance had invited poor countries in South America which could turn to military alliance actually like Venezuela. Today, they've cemented the Solomon Island to be an ally which Australia had been very angry since its pretty much a security brea
Russia and China have developed a thriving partnership based in part on their shared interest in undermining the United States.
During World War II the world's major powers were bombed back to the stone age. With the exception of two nations. Russia and the united states. This set the stage for america and russia to emerge as the world's dominant superpowers leading into the cold war, korean war and vietnam war which followed.
Both the USSR and USA enjoyed the luxury of surviving World War II with their territories and economies largely intact. Profiting handsomely by loaning capital to other nations to rebuild. While the rest of the world toiled under debt and reconstruction efforts.
Looking at the current era a similar trend could emerge. America, the european union and china all carry large ratios of debt to GDP close to 100%. Russia's debt to GDP ratio is by far the smallest of any major power at around 20%. If a major recession hit global markets a case could be made for russia's government and economy being best structured to weather it. Russia is one of the most self sufficient nations in terms of raw materials, food and energy production. Russia also has many other world powers reliant and dependent on them for natural gas and other resources.
Long story short russia has many advantages over the USA, EU and china if an economic crisis hits.
If global markets are devastated by a crisis, russia is (in my opinion) the number #1 prospect to emerge as the next dominant superpower.
To avoid this, I think the united states would do well to keep its economy strong. As a hedge against russian encroachment. There isn't much alternative deterrent.
While russia's invasion of ukraine has stalled. Russia isn't trying very hard. They don't have to. They simply have to wait for the next big economic crisis when free money and support thrown at ukraine can no longer be funded. Then resistance may well crumble.
The best deterrent against invasion and war may be a strong economy with enough liquidity to make invasion too high priced too consider. Our current era with high deficits and weak economies could be interpreted as an open invitation for ambitious regimes like russia to invade us.
On the plus side if russia is the next dominant superpower they may be bitcoin friendly. At least that would be one positive thing we might look forward to in the horror show that could be the future.
I dont like to do far fetch argument when it comes to politics. I will simply say as it is : Russia is currently an infI dont like to do far fetch argument when it comes to politics. I will simply say as it is : Russia is currently an influential power and a major player on the world stage which has the power and the industry to defend its interest against rival player.luential power and a major player on the world stage which has the power and the industry to defend its interest against rival player.
1) Lets get to macroeconomic first. After all, we are going by the big picture for analysis no matter how boring it is.
Russias economy managed to recover Post Pandemic by 4,5%
Export of Russia has increased 42% compared to last year.
The countrys trade surplus has almost doubled to $184 Billion
Numerous Russian industry has shown significant growth especially agricultural engineering (40%) and pharmaceutical industry (20%). This coincide with Russias advancement in harvesting technology and coronavirus pandemic pushing Russian medical industry to its limits. Both are arguably for the better.
2) Russia is the largest country on the planet with 11 time zones. There is a saying by our british colleague that the sun never sets on the British Empire. Im happy to announce you that as of now, the sun never sets on Russia either. Both figuratively and literally.
One of the largest dry docks in the world has been opened at Zvezda shipyard. This has enabled the country to be a maritime superpower and build various type of ships from tanker to nuclear icebreaker
Amur Gas Processing Plant in the Far East has reach a new production potential which will signal Russias return to the worlds gas market, especially Helium
In Tatarstan, production for Russias Aurus luxury car has been launched.
In regards to nuclear plant, new power unit was commissioned at Leningrad NPP
For Russian Armed Forces, T-14 Armata MBT has entered serial production. In addition, new complex for combat drone is being built in Dubna
Simultaneously, enterprise such as KAMAZ, Ural, Lada, Rostelmash, etc has announced a lot of new model this year. Some are an upgrade from something that already exist (Ex : KAMAZ Arktika truck is now being tested to be self driving in Arctic condition), while others are completely new.
3) Just like the vast Russian land. Russia is comprised of a lot of water. It seems they also made a lot of new stuff so that the dolphins have something up to date to swim by. Unfortunately, I dont think the dolphins can catch up to many of them.
Hydrofoil ship made a return after the collapse of USSR this year with the debut of Meteor-120R
The revival of Russian research fleet with ship such as Vice Admiral Burilichev being laid down at Vyborg shipyard and some two others at Zvezda
Russian navy itself has recieved three new submarines, four surface ships, ten patrol boats, some coastal defense system, and a dozen new logistical/support ship
As the main star of the show, Sibir nuclear icebreaker has sailed at the end of last year and will now join Russias icebreaker fleet
